Saadiq Personal Finance
Type
- Personal Financing
Payment Structure
- Not specified
Eligibilty
- Not specified
Compliance
- Structured under the Murabaha concept, involving contractual buying and selling at a markup profit. The bank purchases goods as per client specifications and sells them to the client at an agreed price.
Saadiq Home Finance
Type
- Home Financing
Payment Structure
- Not specified
Eligibilty
- Not specified
Compliance
- Structured under the Diminishing Musharakah concept, involving joint ownership of property between the bank and the customer, with the customer’s share increasing over time until full ownership is achieved.
Roshan Apna Ghar
Type
- Home Financing for NRPs
Payment Structure
- Not specified
Eligibilty
- Non-Resident Pakistanis (NRPs)
Compliance
- Structured under the Diminishing Musharakah concept, tailored for NRPs to invest in property in Pakistan, involving joint ownership and gradual transfer of ownership to the customer.
Saadiq Business Term Finance
Type
- Business Financing
Payment Structure
- Not specified
Eligibilty
- Not specified
Compliance
- Structured under Shariah-compliant principles, providing financing solutions for business needs.